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2011 Annual Report - SBM Offshore

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1.4 Stakeholders Information<br />

1.4.1 Share listing<br />

The shares of <strong>SBM</strong> <strong>Offshore</strong> N.V. have been listed on the stock exchange of Amsterdam since 11 October 1965,<br />

originally under the name IHC Holland and later as IHC Caland. The shares have been included in the AEX Index<br />

of Euronext Amsterdam since 4 March 2003 with a weighting of 1.06% on 31 December <strong>2011</strong>. Options on<br />

Company shares have been traded since 7 July 1993 on the Euronext Amsterdam Derivative Markets.<br />

1.4.2 Share price development<br />

The share price decreased by 5% from € 16.765 at the start of the year to € 15.92 at 31 December <strong>2011</strong>,<br />

compared to a decrease of the AEX Index of 11.9% over the same period. In US Dollar terms, the decrease of the<br />

share price in <strong>2011</strong> was 8.1%, from US$ 22.43 to US$ 20.62.<br />

Average daily liquidity traded via Euronext in <strong>2011</strong> amounted to around 1.17 million shares, equivalent to 177% of<br />

the average number of outstanding shares on an annual basis.<br />

Market capitalisation at 31 December <strong>2011</strong> was € 2,729 million compared with € 2,828 million at the end of 2010,<br />

a decrease of 3.5%. The equivalent figures in US Dollars show a market capitalisation at the end of <strong>2011</strong> of US$<br />

3,534 million, down by 6.6% from US$ 3,783 million at 31 December 2010.<br />

The total number of ordinary shares in <strong>SBM</strong> <strong>Offshore</strong> showed the following movements during the year <strong>2011</strong>:<br />

Number of ordinary shares<br />

Balance 1 January <strong>2011</strong> 168,667,512<br />

Stock dividend 2,104,877<br />

Options exercised 326,500<br />

Bonus and performance shares 341,527<br />

Balance 31 December <strong>2011</strong> 171,440,416<br />

1.4.3 Shareholders<br />

As the shares are held through the collective depot as mentioned in the Act on Securities Transactions by Giro<br />

(Wet Giraal Effectenverkeer), no detailed information of the shareholders is available. According to information<br />

provided by the largest banks and financial institutions, the shares are mainly in the hands of institutional<br />

investors.<br />

This is a customized selection from the <strong>SBM</strong> <strong>Offshore</strong> N.V. <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><br />

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